Espresso
ESPThe full report. Score, pillars, arithmetic, risk, scenario, signal and notes.
Research, not financial advice. Read the terms.
About Espresso
Analysis of 24 Feb 2026Espresso is a shared sequencing and confirmation layer designed to provide fast finality, composability, and decentralization for Ethereum rollups. Built by a team of researchers backed by $60M+ from a16z Crypto, Sequoia Capital, and Electric Capital, the project operates a decentralized sequencing network that enables cross-rollup interoperability without relying on centralized sequencers.
Full overviewShow less
Mainnet launched in November 2024 and has processed over 65 million blocks across 9 integrated chains with approximately 6-second finality. The ESP token launched on February 12, 2026 with simultaneous Binance and Coinbase listings, driving volume to $108.7M in 24 hours (a 2.14x volume-to-market-cap ratio).
Trading at approximately $0.097 with a $50.8M market cap at rank #429, the token surged 59.4% over seven days to approach its all-time high of $0.1124. The architecture centers on HotShot BFT consensus for sequencing and Tiramisu, a three-layered data availability system with Verifiable Information Dispersal, while a SNARK-based light client enables trustless verification on Ethereum L1.
Key integrations include Arbitrum Nitro, OP Stack compatibility, and Polygon CDK support, positioning Espresso as core infrastructure for the modular blockchain thesis.